ExamVeda
Login
Home
This question belongs to Data Interpretation Line Chart
Read the following information
Directions (1 - 8): Study the following graphs carefully and answer the questions that follow:
Percent Profit Earned By Companies A and B Producing Electronic Goods Over The Years.
Percent Profit = $$\left( {\frac{{{\text{Profit Earned}}}}{{{\text{Total Investment}}}} \times 100} \right)\,\% $$
Profit Earned = (Total income ) - ( Total Investment in the Year)
Direction image of Line Chart chapter
Line Chart
?

If the amount of profit earned by Company A in 2006 was Rs. 10.12 lakh, what was the total investment?

Answer & Solution
Correct Answer: Option E
Let the investment of A in 2006 be Rs. $$x$$
Then,
$$\eqalign{ & \text{Profit = 55% of Rs. }x \cr & =\text{Rs.}\left(x\times\frac{55}{100}\right) \cr & =\text{Rs.}\left(\frac{11x}{20}\right) \cr & \therefore \frac{11x}{20} = 10.12\text{ lakh} \cr & \Rightarrow \frac{11x}{20} = 10.12\times100000 \cr & \Rightarrow \frac{11x}{20} = 1012000 \cr & \Rightarrow x = 1012000\times\frac{20}{11} \cr & \Rightarrow x = 1840000 \cr & \Rightarrow x = \text{18.4 lakh} \cr} $$
  $$\Rightarrow$$ Investment of A in 2006 = 18.4 lakh
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.